Australia’s interest in luxurious rum has grown to the point where one of the world’s most expensive bottles will be auctioned here. The 500 ml bespoke decanter of Legacy by Angostura is expected to fetch about $24,000.

Angostura is one of the Caribbean’s leading rum producers and royal warrant holder to the Queen of England for its bitters.

It has released 20 of the decanters globally, and Australia’s one allocated bottle will be auctioned from June 29 until July 13.

Legacy is made to be sipped in a tumbler. Australians generally mix their rum with other liquids. Inner Circle Rum – first produced by CSR for special clients and employees – is Australia’s best example of a sipping rum.

Bundaberg Rum has also taken on the market’s high-end with its limited edition Master Distillers Collection, including the Ten Year Old, Port Barrel and Golden Reserve, the latter a blend of five premium rums.

The decanter, stopper and presentation box are collector items, developed by the jewellery house Asprey of London. Each took 56 hours to produce. The rum itself took years to perfect, Georges says. “At Angostura we have 80,000 barrels of spirits," he says. “Over time we keep stuff we think is special and really having these bits and pieces there waiting – that’s the business we’re in. Marking occasions. In this instance it’s the 50 year anniversary of Trinidad and Tobago’s independence.